Problem 15.27

The following table gives quarterly data (not seasonally adjusted) on the sale of
mutual fund shares by the mutual fund industry for the period 1968-1973.

Download:  1527.dat1527.xls

     Consider the following model:
     Salest = £\1 + £\2D2 + £\3D3 + £\4D4 + Ut

(a) Estimate the preceding regression (Eviews) (Rats)

(b) How would you interpret the £\'s ? (Suggested Answer)

(c) How would you use the estimate £\'s to deseasonalize the sales data? (Suggested Answer)

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